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Managerial Economics · End Term · 13 Sept 2026 · May 2026 term · Set S2

Question 12: The equilibrium quantity and price before incidence of t…

Question 12

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The market demand curve for pizzas is P=420-Q and the market supply curve is P=60+2Q. A tax of t=12 INR is imposed on one unit of pizza sold. Answer the given subquestions.

The equilibrium quantity and price before incidence of tax are, Q*=…..

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Correct answer: 120

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Question 12 of 43 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 13 Sept 2026, in the May 2026 term (Managerial Economics 13 Sep 26 (Session 2)). It carries 1 mark.

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